2010/2011 | 2011/2012 | 2012/2013 | 2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | |||||||

0 - 140 000 | 18% | 0 - 150 000 | 18% | 0 - 160 000 | 18% | 0 - 165 600 | 18% | 0 - 174 550 | 18% | 0 - 181 900 | 18% | 0 - 188 000 | 18% |

140 001 - 221 000 | R25 200 + 25% of the amount above R140 000 | 150 001 - 235 000 | R27 000 + 25% of the amount above R150 000 | 160 001 - 250 000 | R28 800 + 25% of amount above R160 000 | 165 601 - 258 750 | R29 808 + 25% of amount above R165 600 | 174 551 - 272 700 | R31 419 + 25% of amount above R174 550 | 181 901 - 284 100 | R32 742 + 26% of the amount above R181 900 | 188 001 - 293 600 | R33 840 + 26% of the amount above R188 000 |

221 001 - 305 000 | R45 450 + 30% of the amount above R221 000 | 235 001 - 325 000 | R48 250 + 30% of the amount above R235 000 | 250 001 - 346 000 | R51 300 + 30% of amount above R250 000 | 258 751 - 358 110 | R53 096 + 30% of amount above R258 750 | 272 701 - 377 450 | R55 957 + 30% of amount above R272 700 | 284 101 - 393 200 | R59 314 + 31% of the amount above R284 100 | 293 601 - 406 400 | R61 296 + 31% of the amount above R293 000 |

305 001 - 431 000 | R70 650 + 35% of the amount above R305 000 | 325 001 - 455 000 | R75 250 + 35% of the amount above R325 000 | 346 001 - 484 000 | R80 100 + 35% of amount above R346 000 | 358 111 - 500 940 | R82 904 + 35% of amount above R358 110 | 377 451 - 528 000 | R87 382 + 35% of amount above R377 450 | 393 201 - 550 100 | R93 135 + 36% of the amount above R393 200 | 406 401 - 550 100 | R96 264 + 36% of the amount above R406 400 |

431 001 - 552 000 | R114 750 + 38 % of the amount above R431 000 | 455 001 - 580 000 | R120 750 + 38 % of the amount above R455 000 | 484 001 - 617 000 | R128 400 + 38% of amount above R484 000 | 500 941 - 638 600 | R132 894 + 38% of amount above R500 940 | 528 001 - 673 100 | R140 074 + 38% of amount above R528 000 | 550 101 - 701 300 | R149 619 + 39% of the amount above R550 100 | 550 101 - 701 300 | R147 996 + 39 % of the amount above R550 100 |

552 001 and above | R160 730 + 40% of the amount above R552 000 | 580 001 and above | R168 250 + 40% of the amount above R580 000 | 617 001 and above | R178 940 + 40% of amount above R617 000 | 638 601 and above | R185 205 + 40% of amount above R638 600 | 673 101 and above | R195 212 + 40% of amount above R673 100 | 701 301 and above | R208 587 + 41% of the amount above R701 300 | 701 301 and above | R206 964 + 41% of the amount above R701 300 |

A summary of older individual rates is available in the archive.

2010/2011 | 2011/2012 | 2012/2013 | 2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | |

Primary rebate | R10 260 | R10 755 | R11 440 | R12 080 | R12 726 | R13 257 | R13 500 |

Additional age 65 and over rebate | R5 675 | R6 012 | R6 390 | R6 750 | R7 110 | R7 407 | R7 407 |

Additional age 75 and over rebate | N/A | R2 000 | R2 130 | R2 250 | R2 367 | R2 466 | R2 466 |

Tax threshold below age 65 | R57 000 | R59 750 | R63 556 | R67 111 | R70 700 | R73 650 | R75 000 |

Tax threshold age 65 - 74 | R88 528 | R93 150 | R99 056 | R104 611 | R110 200 | R114 800 | R116 150 |

Tax threshold age 75 and over | R88 528 | R104 261 | R110 889 | R117 111 | R123 350 | R128 500 | R129 850 |

The third rebate was phased out in 1993/4 (see archive for details) and reintroduced at a different age in 2011/12.

2012/2013 | 2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | |

Member | R230 | R242 | R257 | R270 | R286 |

First dependant | R230 | R242 | R257 | R270 | R286 |

Subsequent dependants | R154 | R162 | R172 | R181 | R192 |

The medical scheme tax credit took effect for taxpayers from 2012/13 for taxpayers youger than 65 and from 2014/15 for taxpayers 65 and older.

2010/2011 | 2011/2012 | 2012/2013 | 2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | |

Individuals below age 65 | R22 300 | R22 800 | R22 800 | R23 800 | R23 800 | R23 800 | R23 800 |

Individuals 65 and over | R32 000 | R33 000 | R33 000 | R34 500 | R34 500 | R34 500 | R34 500 |

Portion that may be offset against foreign dividends | R3 700 | R3 700 | N/A | N/A | N/A | N/A | N/A |

Tax free savings accounts were introduced in 2015/16. As a result the interest exemptions above will no longer be increased.

Dividends received from domestic companies were generally exempt from income tax. A notable exception was a dividend from a "fixed property company", since such a company may deduct a dividend declared as an expense for tax purposes. Dividends received from foreign companies were generally taxable. A notable exception was a dividend from a JSE Securities Exchange listed company.

A participation exemption for dividends from a holding of more than 25% in the equity share capital of a foreign company came into effect for years of assessment commencing on or after 1 June 2004. This would be the 2005/6 year for individuals. The participation exemption was extended to a holding of at least 20% of the total equity share capital with voting rights of at least 20% for dividends received or accrued on or after 8 November 2005. It was extended to a holding of at least 10% from 1 March 2012.

From 1 April 2012 dividends received from domestic companies are subject to a final withholding tax of 15% but are exempt from normal tax. Only 37.5% (36.6% from 1 March 2015) of dividends from foreign companies are included in individuals' taxable income, so the maximum effective rate on these dividends is 15%.

2010/2011 | 2011/2012 | 2012/2013 | 2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | |

Standard | 28% | 28% | 28% | 28% | 28% | 28% | 28% |

Small Business 0 - <65 Threshold <65 Threshold - 300 000 300 001 and above | 0% 10% 28% | 0% 10% 28% | N/A | N/A | N/A | N/A | N/A |

Small Business 0 - <65 Threshold <65 Threshold - 350 000 350 001 and above | N/A | N/A | 0% 7% 28% | N/A | N/A | N/A | N/A |

Small Business 0 - <65 Threshold <65 Threshold - 365 000 365 001 -550 000 550 001 and above | N/A | N/A | N/A | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% | 0% 7% 21% 28% |

Personal Service | 33% | 33% | 28% | 28% | 28% | 28% | 28% |

Secondary Tax on Companies | 10.0% | 10.0% | N/A | N/A | N/A | N/A | N/A |

Combined Standard 1:1 Dividend Cover 3:1 Dividend Cover | 34.55% 30.18% | 34.55% 30.18% | 28% 28% | 28% 28% | 28% 28% | 28% 28% | 28% 28% |

Turnover and shareholding conditions apply in respect of the small business corporation system.

Secondary Tax on Companies (STC) was levied on the distribution of profits by companies. (Close corporations are considered to be companies for tax purposes.) The combined rate of tax on a company is thus dependent on the amount of dividends the company declares. The table above shows the difference between a company declaring all its profits as a dividend and a company that retains two thirds of its profits to fund expansion. As noted above the dividends were then exempt in the hands of shareholders. The table does not deal with gold mines or long-term insurance companies, which are subject to special rates.

The STC base was broadened on 1 October 2007 and the rate reduced to 10%. Following the signature and ratification of certain double taxation agreements, it was converted into a final withholding tax on dividends of 15% on 1 April 2012.

A summary of older corporate rates is available in the archive.

2001/2 - 2013/14 | 2014/15 - 2015/16 | 2016/17 on | |

Individuals & special trusts | 25% | 33.3% | 40% |

Companies & other trusts | 50% | 66.6% | 80% |

Only a percentage of a person's net capital gains for a year is included in taxable income and taxed at normal rates.

2010/2011 | 2011/2012 | 2012/2013 | 2013/2014 | 2014/2015 | 2015/2016 | 2016/2017 | |||||||

0 - 100 000 | 0% | 0 - 150 000 | 0% | 0 - 150 000 | 0% | 0 - 150 000 | 0% | 0 - 150 000 | 0% | 0 - 335 000 | 0% | 0 - 335 000 | 0% |

100 001 - 300 000 | 1% of the amount above R100 000 | 150 001 - 300 000 | 1% of the amount above R150 000 | 150 001 - 300 000 | 1% of the amount above R150 000 | 150 001 - 300 000 | 1% of the amount above R150 000 | 150 001 - 300 000 | 1% of the amount above R150 000 | 335 001 - 500 000 | 1% of the amount above R335 000 | 335 001 - 500 000 | 1% of the amount above R335 000 |

300 001 - 500 000 | R2 000 + 3% of the amount above R300 000 | 300 001 - 500 000 | R1 500 + 2% of the amount above R300 000 | 300 001 - 500 000 | R1 500 + 2% of the amount above R300 000 | 300 001 - 500 000 | R1 500 + 2% of the amount above R300 000 | 300 001 - 500 000 | R1 500 + 2% of the amount above R300 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 | 500 001 - 750 000 | R1 650 + 2% of the amount above R500 000 |

500 001 - 750 000 | R8 000 + 5% of the amount above R500 000 | 500 001 - 750 000 | R5 500 + 4% of the amount above R500 000 | 500 001 - 750 000 | R5 500 + 4% of the amount above R500 000 | 500 001 - 750 000 | R5 500 + 4% of the amount above R500 000 | 500 001 - 750 000 | R5 500 + 4% of the amount above R500 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 | 750 001 and above | R6 650 + 3% of the amount above R750 000 |

750 001 and above | R20 500 + 7% of the amount above R750 000 | 750 001 and above | R15 500 + 6% of the amount above R750 000 | 750 001 and above | R15 500 + 6% of the amount above R750 000 | 750 001 and above | R15 500 + 6% of the amount above R750 000 | 750 001 and above | R15 500 + 6% of the amount above R750 000 |

Turnover and shareholding conditions apply in respect of the micro business turnover tax system.

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